$BTC $ETH Looking back to the early morning, Bitcoin rebounded from around 86,780 to 87,684, while Ethereum synchronized with Bitcoin's rhythm, rebounding from around 2,920 to approximately 2,960.

Currently, the market is in a technical correction phase after a decline. On the four-hour chart, after a rapid decline, a clear sign of stabilization has formed at the low levels, with continuous recovery of the candlesticks. The price has returned to near the short-term moving averages for consolidation. However, the medium-term moving averages above still show a downward pressure, indicating that the larger structure has not yet fully turned bullish.

On the one-hour chart, there is a gradual rise in lows, with rebound momentum easing and trading volume picking up, giving the bulls a certain short-term advantage. But it is approaching a key resistance zone above. To further open upward space, it is necessary to monitor whether trading volume continues to expand for confirmation.

In terms of trading strategy, consider short positions around 88,000-88,500, with a target of 87,000.

Ethereum short positions can be placed around 2,970, with a target near 2,900.